GXO Logistics informa grandes ganancias del cuarto trimestre de clientes de comercio electrónico

Gigante de la logística del contrato GXO Logistics Inc. Los ingresos del cuarto trimestre aumentaron un 25% año tras año a $ 3.25 mil millones, gracias a las ventas sólidas y un nuevo contrato de clientes importantes, dijeron funcionarios de la compañía. La compañía reportó sus resultados de...

https://fullavantenews.com/gxo-logistics-informa-grandes-ganancias-del-cuarto-trimestre-de-clientes-de-comercio-electronico/?lang=es

GXO Logistics reports big Q4 gains from e-commerce customers

Contract logistics giant GXO Logistics Inc.’s fourth-quarter revenue increased 25% year over year to $3.25 billion, thanks to strong sales and a major new customer contract, company officials said.

The company reported its fourth-quarter and full-year 2024 earnings results after the market closed on Wednesday.

GXO’s adjusted earnings per share in the fourth quarter increased 43% year over year to $1.

“We had a stellar sales year, closed over $1 billion of new business wins for the second year in a...

https://www.freightwaves.com/news/gxo-logistics-reports-big-q4-gains-from-e-commerce-customers

First look: GXO Logistics Q4 earnings

GXO Logistics Inc. reported strong performances in its fourth-quarter and full-year 2024 earnings results after the market closed on Wednesday.

The company’s fourth-quarter revenue increased 25% year over year to $3.25 billion. Adjusted earnings per share in the fourth quarter increased 43% year over year to $1.

Greenwich, Connecticut-based GXO Logistics (NYSE: GXO) is one of the largest pure-play contract logistics providers in the world. It has more than 970 facilities totaling approximately...

https://www.freightwaves.com/news/first-look-gxo-logistics-q4-earnings

GXO Logistics CEO Malcom Wilson to retire

GXO Logistics CEO Malcolm Wilson will retire next year after leading the company since 2021, GXO announced Tuesday.

Wilson informed GXO’s board of directors that he plans to retire in 2025 but will continue to lead the company during the search for his successor, according to a news release.

“My time at GXO has been the highlight of my three decades in logistics,” Wilson said in a statement. “We have an outstanding organization that embraces new technologies, keeping us at the forefront of the...

https://www.freightwaves.com/news/gxo-logistics-ceo-malcom-wilson-to-retire

GXO Logistics sees ‘more normal’ freight market returning

GXO Logistics Inc. sees an upward trend in the global freight market in 2025, encouraged by its growing customer base and organic sales growth in the third quarter.

“We definitely are feeling that we’re out of the trough that we’ve been in for the last 12 months, and we’re getting back to a more normal kind of growth type of metric,” CEO Malcolm Wilson said during a call with analysts Tuesday. “We’re definitely building for a much stronger 2025.”

Greenwich, Connecticut-based GXO Logistics (NYSE:...

https://www.freightwaves.com/news/gxo-logistics-sees-more-normal-freight-market-returning

GXO Logistics posts record quarterly revenue of $3.16B

GXO Logistics Inc. reported record quarterly performance Monday, with revenue surging 28% year over year to $3.16 billion.

Adjusted third-quarter earnings per share was 79 cents, compared with 69 cents for the third quarter in 2023.

The results exceeded Wall Street expectations for the quarter, which had estimated revenue of $3.03 billion and adjusted EPS at 78 cents per share.

For full-year 2024, GXO’s guidance expects organic revenue growth of 2% to 5%; adjusted EPS of $2.73 to $2.93; and...

https://www.freightwaves.com/news/gxo-logistics-posts-record-quarterly-revenue-of-3-16b

GXO Logistics sees upward trend in global freight market

GXO Logistics Inc. reported a strong performance in the second quarter, with revenue surging 19% year over year to $2.8 billion.

Adjusted quarterly earnings per share was 55 cents, compared with 70 cents for the first quarter in 2023.

Wall Street expectations had called for second-quarter earnings of 57 cents per share and revenue of $2.72 billion.

Company officials said they are on track to sign a record amount of new business this year and believe the freight market is on an upward trend...

https://www.freightwaves.com/news/gxo-logistics-sees-upward-trend-in-global-freight-market

GXO Logistics’ Q1 revenue increases 6% to $2.46B

GXO Logistics came out with first-quarter revenue and earnings in line with Wall Street estimates, delivering a solid start to the year amid a “sluggish environment,” CEO Malcolm Wilson said.

“Companies are starting to restock; we can see that from the dialogue we have with our customers,” Wilson said during a call with analysts Wednesday before the market opened. “I think we’ve seen the bottom of the destocking environment. What we’re clearly evidencing is that customers, in order to meet their...

https://www.freightwaves.com/news/gxo-q1-logistics-earnings

Wincanton board approves GXO’s competing buyout proposal

The board of U.K. logistics firm Wincanton said Friday it unanimously recommended that shareholders approve GXO Logistics Inc.’s (NYSE: GXO) $965 million all-cash offer to acquire the company.

The Wincanton board withdrew its recommendation of Ceva Logistics S.A.’s lower-priced offer for the company. Based on current foreign exchange rates, the GXO offer is priced at $7.75 a share, while the CEVA offer is priced at $6.07 per share, or approximately $764 million.

“The Wincanton directors are...

https://www.freightwaves.com/news/wincanton-board-approves-gxos-competing-buyout-proposal